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Opinion: U.S. soy trade stellar in short term

Longer term the outlook for the Chinese market gets very hazy

Market analysts have been trying to gauge China’s forward bean usage as it remains locked in a tit-for-tat tariff dispute with the United States, and the conflict has prompted threats from the East Asian country to severely reduce or ban U.S. bean imports. The future of U.S. soybean trade with China has also been a […] Read more


Opinion: Corn may be an unintended trade war victim in 2019

Wheat is also likely to see the effect of a stampede out of beans

U.S. corn supply is predicted to plunge by 23 per cent over the next year, but the tighter domestic market may be a short-lived phenomenon pending the resolution of the U.S.-China trade war. The world’s two largest economies have been embroiled in a trade battle in which Beijing hit U.S. soybeans with a 25 per […] Read more



Comment: Selling out early

Trade uncertainty is souring investors’ views of grain markets

Speculators spent the month of June selling Chicago-traded futures and options, specifically corn and soybeans, as if record U.S. crops were already in the bag. But the trade dispute between the United States and China, the world’s largest soybean buyer, has driven market uncertainty. It was confirmed in mid-June that both parties would enforce tariffs […] Read more





soybean on white background

Don’t panic over lack of Chinese soy demand

Chinese demand for U.S. soybeans has slowed significantly in the past couple of weeks, worrying some market participants that this is a hint of things to come. But perhaps they have forgotten that sluggish Chinese business is normal this time of year. It is possible that Chinese importers are aggressively avoiding U.S. beans at the […] Read more



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U.S. to stay stuffed with soybeans despite Argentine losses

Demand for U.S. soybeans remains stubbornly depressed due to high global stocks

The soy complex may be rallying on the Chicago Board of Trade, but the outlook for U.S. supply retains its bearish feel, despite significant losses to Argentina’s soybean crop amid parched conditions. Last month, the U.S. Department of Agriculture cut domestic soybean exports to 2.1 billion bushels, some three per cent smaller than last year’s […] Read more





Sizable fund shorts still hang over CBOT grain market

Market speculators are looking at ample supplies and sticking with their bets

There is simply too much supply in the world to shake speculators from their tremendously bearish view of Chicago-traded grain futures and options, and their hefty short stance still looms over the market. Combining net positions through Nov. 21 in CBOT corn and wheat, K.C. wheat, and Minneapolis-traded wheat futures and options, money managers hold […] Read more